Get Quotes

Market Menu

Insurance Company(s) Details - Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd.

Incorporation Date : 25/09/2007
Address Details
Registered Office : Unit No.208, 2nd Floor,, Kanchenjunga Building,, 18 Barakhamba Road,
New Delhi, Delhi - 110001
Tel: , , ,
Fax: ,
Company Description

The shareholding pattern of the Joint Venture is as follows - Canara Bank holds 51% equity, HSBC Insurance (Asia Pacific) Holdings Ltd 26% and Oriental Bank of Commerce 23%. The Venture has an initial paid up capital of Rs. 325 crores. The Company commenced business 16th of June, 2008 after receiving requisite approvals from the Insurance Regulatory Development Authority (IRDA).